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This e-Learning Module explains the basics of NYISO's pricing methodology known as Locational Based Marginal Pricing (LBMP). This includes defining and establishing LBMP, along with the three components of LBMP and the impact of system constraints.
This module is also included in the Market Overview eLearning suite, and if you anticipate registering for that course, please do not register for this one as no refunds will be made.
Mission Statement
The Market Training team’s mission is to provide NYISO market and project implementation training and education to stakeholders and NYISO employees, for the purpose of supporting the NYISO’s mission to serve the public interest and provide benefit to consumers.
Additional Information
Any confidential information received by the NYISO from visitors to this website will be treated in accordance with the NYISO's responsibilities under its Tariffs, including its Code of Conduct set forth in Attachment F to the Open Access Transmission Tariff (OATT) and Section 6, Confidentiality, of the Market Administration and Control Area Services Tariff (MST). Both the OATT and MST are available on the NYISO's website.
WHEN
eLearning Module
PLANNER
MEET THE INSTRUCTOR
Speakers
Mathangi Srinivasan Kumar
FEES
Market Participant eLearning Fee - $80
State/Government Agency eLearning Fee- $80
NYISO Staff - Complimentary
Payment Message:
Payment must be received upon registration. By submitting payment registrants acknowledge the course fee is nonrefundable and the course link is not to be shared.